A first-time home buyer is considered anyone who has not owned a home in the past three years.
Additionally, these programs allow others outside this definition to be considered as first-time homebuyers:
- A displaced homemaker (defined as someone who has not worked full-time within the last two years and has been unemployed/underemployed and worked to care for their home and family) who owned a home with their spouse or resided in a home owned by the spouse.
- A single parent who owned a home with their spouse or resided in a home owned by their spouse who is now either unmarried or legally separated from that spouse or has custody of at least one child (or is currently pregnant).
- Or someone who has owned a residence during the last 3-year period that is a dwelling unit either not permanently affixed to a permanent foundation OR is not in compliance with state or local codes and cannot be brought into compliance for less than the cost of a permanent structure.